Amends the Internal Revenue Code, with respect to tax-exempt bond financing of certain electric facilities, to revise the definition of private business use to exclude a permitted open access transaction. Defines such a transaction. Permits, as specified, the termination or suspension of tax-exempt bond financing for certain electric output facilities.
Introduced in Senate
Sponsor introductory remarks on measure. (CR S6488-6490)
Read twice and referred to the Committee on Finance.
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